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AMD feels financial hurt with $611M loss

By Justin Mann

On April 19, 2007, 5:48 PM

AMD is feeling the hurt, partially due to their acquisition of ATI, as they post a larger-than-expected loss for the last quarter. Today, the company posted a loss of $611 million, in stark contrast to their profit of $184.5 million from the previous quarter. This was more than double what was expected by some analysts:

Excluding special items, AMD was expected to have lost $258.1 million, or 47 cents per share, on revenue of $1.23 billion, according to the average analyst forecast on Reuters Estimates.
Doubtless, increased pressure from Intel in many areas as well as pressure from Nvdia has contributed to this loss. Hopefully, we'll see them make a turnaround soon. Will R600 and the next gen Athlons be able to save the day?

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4 comments

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  1. April 19, 2007 6:25 PM
    beef_jerky4104 said:
    Dang it! I love AMD.
    Reply
  2. April 20, 2007 10:24 PM
    dopefisher said:
    amd is here to stay, unless intel buys them out. no need to worry here.
    Reply
  3. April 21, 2007 1:58 AM
    peas said:
    unfortunately there's lots of cause for concern w/ AMD. Time is their enemy now. They need a product that will give them a competitive edge, even if it's only a slight edge, and they need it now (or yesterday)
    Reply
  4. April 22, 2007 4:32 AM
    Jibberish18 said:
    Ouch. I'll be buying a Brisbane Athlon X2 in the near future to help them out. Either way some of it is because of the acquisition of ATI. I'm sure it'll help out when they finally release the DX10 cards. Although I was hoping that their new video cards would look into saving space and energy, unfortunately this is something that didn't seem to give much thought too. Some of the cards are freakin 12 inches long!
    Reply

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